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I have no idea of this is true or not, but it’s incredible that you can run a hedge fund that returns 30% per year for 30 years and only be worth $5 billion at the end. Is he burning the money? https://twitter.com/TrungTPhan/status/1397927107682914308 …
Anyway what this proves is that math would be better if returning 30% for 30 years should give a 900% total return, which would make reconciling these numbers much easier.
Also respect for Druck for just doing what he loves forever even though he could have retired decades ago. Lesser beings like David Shaw or Soros bowed out to work on “medical research” or “societal reform” whereas Druck just kept on punting futures, a true hero.
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